wastewater fund

Wastewater Fund

Wastewater Fund Wastewater Revenue 2008 - $296,885.17

Wastewater Revenue 2008 - $296,885.172009 - $315,380.07

Wastewater Revenue 2008 - $296,885.172009 - $315,380.072010 - $309,862.46Wastewater Revenue 2008 - $296,885.172009 - $315,380.072010 - $309,862.462011 - $308,800.00 (Estimated)Wastewater Revenue Average Revenue for the past four Years

$307,731.93Wastewater Expenses 2008 - $384,383.35

Wastewater Expenses 2008 - $384,383.352009 - $349,097.15

Wastewater Expenses 2008 - $384,383.352009 - $349,097.152010 - $328,647.76

Wastewater Expenses 2008 - $384,383.352009 - $349,097.152010 - $328,647.762011 - $320,066.16 (Estimated)Wastewater Expenses Average Expenses for the Past Four Years

$345,548.61

Wastewater Fund Average Revenue Average Expenses $307,731.93 $345,548.61

Average Difference Per Year$37,816.68Average Over Spent Per Year11% Wastewater Fund Average Revenue Average Expenses $307,731.93 $345,548.61

Average Difference Per Year$37,816.68Average Over Spent Per Year11%The fund will balance with no increase in rates as long as no capital projects are paid for from the fund.Loan DebtCurrent Loan Debt $102,988.96 Wastewater Plant (pay off date January 2012)

Loan DebtCurrent Loan Debt $102,988.96 Wastewater Plant (pay off date January 2012)$12,500.00 Storm Sewer Project (pay off July 2012)

Loan DebtCurrent Loan Debt $102,988.96 Wastewater Plant (pay off date January 2012)$12,500.00 Storm Sewer Project (pay off July 2012)$13,255.00 East Main Street Project (pay off date July 2025)

Loan DebtCurrent Loan Debt $102,988.96 Wastewater Plant (pay off date January 2012)$12,500.00 Storm Sewer Project (pay off July 2012)$13,255.00 East Main Street Project (pay off date July 2025)$2,250.00 East Main Street Project (pay off date July 2025)


Total Loan Debt in Wastewater Fund = $130,993.96


Total Loan Debt in Wastewater Fund = $130,993.96Total Annual Loan Debt Payment January 2013= $15,505


Total Loan Debt in Wastewater Fund = $130,993.96Total Annual Loan Debt Payment January 2013= $15,505Loan Amount Available for Two Projects $115,488.96

Wastewater ProjectsWastewater Plant(Included water plant sewer line to sanitary sewer) Total Cost - $3,175,000 (Bid Amount)Grants - $900,000 (OPWC $400,000 & CDBG $500,000)Loan Amount - $2,275,000 (EPA 0% loan for 20 years)


Annual Loan Payment $113,750



Sewer Separation Total Cost - $1,400,000 (Engineer Estimate)Grants - $280,000 (CDBG NR $200,000 & CDBG Formula $80,000)Loan Amount - $1,120,000




Annual Loan PaymentOption 1 (EPA 20 years, 0%) $56,000




Annual Loan PaymentOption 1 (EPA 20 years, 0%) $56,000Option 2 (OPWC 30 years, 0%)$37,400

Wastewater Projects Available Annual Loan Amount$115,488.96

Wastewater Projects Available Annual Loan Amount$115,488.96

Annual Loan Amount for Two Sewer ProjectsOption 1$169,750 (over by $54,261) Wastewater Projects Available Annual Loan Amount$115,488.96

Annual Loan Amount for Two Sewer ProjectsOption 1$169,750 (over by $54,261)Option 2$151,150 (over by $35,661) Wastewater Projects Sewer Separation Project Village contribution- $266,984 Sewer Fund (funds would come from paid off loans $166,984, only if new loan payments begin January 2014. The remainder would come from Capital Cash Reserve, $100,000 remaining balance in capital cash reserve would be approximately $118,000)$30,000 Street Fund (amount would come from Capital Cash Reserve)$15,016 Water Fund (amount would come from Capital Cash Reserve)

Total Village Contribution = $312,000 Wastewater ProjectsLoan Before Village Contribution Loan Amount - $1,120,000Annual Loan PaymentOption 1 (EPA 20 years, 0%) $56,000Option 2 (OPWC 30 years, 0%)$37,400

Wastewater ProjectsLoan Before Village Contribution Loan Amount - $1,120,000Annual Loan PaymentOption 1 (EPA 20 years, 0%) $56,000Option 2 (OPWC 30 years, 0%)$37,400

Loan After Village Contribution Loan Amount - $808,000Annual Loan PaymentOption 1 (EPA 20 years, 0%) $40,400Option 2 (OPWC 30 years, 0%)$26,934 Wastewater ProjectsLoan Before Village Contribution Loan Amount - $1,120,000Annual Loan PaymentOption 1 (EPA 20 years, 0%) $56,000Option 2 (OPWC 30 years, 0%)$37,400

Loan After Village Contribution Loan Amount - $808,000Annual Loan PaymentOption 1 (EPA 20 years, 0%) $40,400Option 2 (OPWC 30 years, 0%)$26,934Total Debt of $140,684 Wastewater ProjectsLoan Before Village Contribution Loan Amount - $1,120,000Annual Loan PaymentOption 1 (EPA 20 years, 0%) $56,000Option 2 (OPWC 30 years, 0%)$37,400

Loan After Village Contribution Loan Amount - $808,000Annual Loan PaymentOption 1 (EPA 20 years, 0%) $40,400Option 2 (OPWC 30 years, 0%)$26,934Total Debt of $140,684Over by $25,195.04Wastewater ProjectsBest Situation EPA 20 Year Loan 0%Loan Amount - $808,000Annual Loan Payment $40,400 Wastewater ProjectsBest Situation EPA 20 Year Loan 0%Loan Amount - $808,000Annual Loan Payment $40,400 EPA 20 Year Loan 0%, Principle ForgivenessLoan Amount - $808,000 25% Principle Forgiveness $808,000 X .25 = $202,000 Annual Loan Payment = $30,300 Wastewater ProjectsBest Situation EPA 20 Year Loan 0%Loan Amount - $808,000Annual Loan Payment $40,400 EPA 20 Year Loan 0%, Principle ForgivenessLoan Amount - $808,000 25% Principle Forgiveness $808,000 X .25 = $202,000 Annual Loan Payment = $30,30050% Principle Forgiveness $808,000 X .50 = $404,000 Annual Loan Payment = $20,200

Wastewater ProjectsBest Situation EPA 20 Year Loan 0%Loan Amount - $808,000Annual Loan Payment $40,400 EPA 20 Year Loan 0%, Principle ForgivenessLoan Amount - $808,000 25% Principle Forgiveness $808,000 X .25 = $202,000 Annual Loan Payment = $30,30050% Principle Forgiveness $808,000 X .50 = $404,000 Annual Loan Payment = $20,20075% Principle Forgiveness $808,000 X .75 = $606,000 Annual Loan Payment = $10,100Increase to Sewer Rates$169,750 $115,489 = $54,261 / 750 = $72.35 / 12 = $6.03(Combined Loan Amount) (Targeted Loan Level) = (Difference) / (Number of Customers) = (Annual rate Increase / (Months in Year) = Monthly Rate Increase OEPA 20 Year 0% Loan with no Village Funds

Increase to Sewer Rates$169,750 $115,489 = $54,261 / 750 = $72.35 / 12 = $6.03(Combined Loan Amount) (Targeted Loan Level) = (Difference) / (Number of Customers) = (Annual rate Increase / (Months in Year) = Monthly Rate Increase OEPA 20 Year 0% Loan with no Village Funds $151,150 $115,489 = $35,661 / 750 = $47.55 / 12 = $3.97 (Combined Loan Amount) (Targeted Loan Level) = (Difference) / (Number of Customers) = (Annual rate Increase / (Months in Year) = Monthly Rate Increase OPWC 30 Year 0% Loan with no Village Funds

Increase to Sewer Rates$169,750 $115,489 = $54,261 / 750 = $72.35 / 12 = $6.03(Combined Loan Amount) (Targeted Loan Level) = (Difference) / (Number of Customers) = (Annual rate Increase / (Months in Year) = Monthly Rate Increase OEPA 20 Year 0% Loan with no Village Funds $151,150 $115,489 = $35,661 / 750 = $47.55 / 12 = $3.97 (Combined Loan Amount) (Targeted Loan Level) = (Difference) / (Number of Customers) = (Annual rate Increase / (Months in Year) = Monthly Rate Increase OPWC 30 Year 0% Loan with no Village Funds$154,150 $115,489 = $38,661 / 750 = $51.55 / 12 = $4.30 (Combined Loan Amount) (Targeted Loan Level) = (Difference) / (Number of Customers) = (Annual rate Increase / (Months in Year) = Monthly Rate Increase OEPA 20 Year 0% Loan with Village Funds

Increase to Sewer Rates$169,750 $115,489 = $54,261 / 750 = $72.35 / 12 = $6.03(Combined Loan Amount) (Targeted Loan Level) = (Difference) / (Number of Customers) = (Annual rate Increase / (Months in Year) = Monthly Rate Increase OEPA 20 Year 0% Loan with no Village Funds $151,150 $115,489 = $35,661 / 750 = $47.55 / 12 = $3.97 (Combined Loan Amount) (Targeted Loan Level) = (Difference) / (Number of Customers) = (Annual rate Increase / (Months in Year) = Monthly Rate Increase OPWC 30 Year 0% Loan with no Village Funds$154,150 $115,489 = $38,661 / 750 = $51.55 / 12 = $4.30 (Combined Loan Amount) (Targeted Loan Level) = (Difference) / (Number of Customers) = (Annual rate Increase / (Months in Year) = Monthly Rate Increase OEPA 20 Year 0% Loan with Village Funds$140,684 $115,489 = $25,196 / 750 = $33.60 / 12 = $2.80 (Combined Loan Amount) (Targeted Loan Level) = (Difference) / (Number of Customers) = (Annual rate Increase / (Months in Year) = Monthly Rate Increase OPWC 30 Year 0% Loan with Village Funds

Increase to Sewer Rates$169,750 $115,489 = $54,261 / 750 = $72.35 / 12 = $6.03(Combined Loan Amount) (Targeted Loan Level) = (Difference) / (Number of Customers) = (Annual rate Increase / (Months in Year) = Monthly Rate Increase OEPA 20 Year 0% Loan with no Village Funds $151,150 $115,489 = $35,661 / 750 = $47.55 / 12 = $3.97 (Combined Loan Amount) (Targeted Loan Level) = (Difference) / (Number of Customers) = (Annual rate Increase / (Months in Year) = Monthly Rate Increase OPWC 30 Year 0% Loan with no Village Funds$154,150 $115,489 = $38,661 / 750 = $51.55 / 12 = $4.30 (Combined Loan Amount) (Targeted Loan Level) = (Difference) / (Number of Customers) = (Annual rate Increase / (Months in Year) = Monthly Rate Increase OEPA 20 Year 0% Loan with Village Funds$140,684 $115,489 = $25,196 / 750 = $33.60 / 12 = $2.80 (Combined Loan Amount) (Targeted Loan Level) = (Difference) / (Number of Customers) = (Annual rate Increase / (Months in Year) = Monthly Rate Increase OPWC 30 Year 0% Loan with Village Funds$144,050 $115,489 = $28,562 / 750 = $38.10 / 12 = $3.18 (Combined Loan Amount) (Targeted Loan Level) = (Difference) / (Number of Customers) = (Annual rate Increase / (Months in Year) = Monthly Rate Increase OEPA 20 Year 0% Loan with Village Funds and 25% principle forgiveness

Increase to Sewer Rates$169,750 $115,489 = $54,261 / 750 = $72.35 / 12 = $6.03(Combined Loan Amount) (Targeted Loan Level) = (Difference) / (Number of Customers) = (Annual rate Increase / (Months in Year) = Monthly Rate Increase OEPA 20 Year 0% Loan with no Village Funds $151,150 $115,489 = $35,661 / 750 = $47.55 / 12 = $3.97 (Combined Loan Amount) (Targeted Loan Level) = (Difference) / (Number of Customers) = (Annual rate Increase / (Months in Year) = Monthly Rate Increase OPWC 30 Year 0% Loan with no Village Funds$154,150 $115,489 = $38,661 / 750 = $51.55 / 12 = $4.30 (Combined Loan Amount) (Targeted Loan Level) = (Difference) / (Number of Customers) = (Annual rate Increase / (Months in Year) = Monthly Rate Increase OEPA 20 Year 0% Loan with Village Funds$140,684 $115,489 = $25,196 / 750 = $33.60 / 12 = $2.80 (Combined Loan Amount) (Targeted Loan Level) = (Difference) / (Number of Customers) = (Annual rate Increase / (Months in Year) = Monthly Rate Increase OPWC 30 Year 0% Loan with Village Funds$144,050 $115,489 = $28,562 / 750 = $38.10 / 12 = $3.18 (Combined Loan Amount) (Targeted Loan Level) = (Difference) / (Number of Customers) = (Annual rate Increase / (Months in Year) = Monthly Rate Increase OEPA 20 Year 0% Loan with Village Funds and 25% principle forgiveness$133,950 $115,489 = $18,461 / 750 = $24.61 / 12 = $2.05 (Combined Loan Amount) (Targeted Loan Level) = (Difference) / (Number of Customers) = (Annual rate Increase / (Months in Year) = Monthly Rate Increase OEPA 20 Year 0% Loan with Village Funds and 50% principle forgiveness

Increase to Sewer Rates$169,750 $115,489 = $54,261 / 750 = $72.35 / 12 = $6.03(Combined Loan Amount) (Targeted Loan Level) = (Difference) / (Number of Customers) = (Annual rate Increase / (Months in Year) = Monthly Rate Increase OEPA 20 Year 0% Loan with no Village Funds $151,150 $115,489 = $35,661 / 750 = $47.55 / 12 = $3.97 (Combined Loan Amount) (Targeted Loan Level) = (Difference) / (Number of Customers) = (Annual rate Increase / (Months in Year) = Monthly Rate Increase OPWC 30 Year 0% Loan with no Village Funds$154,150 $115,489 = $38,661 / 750 = $51.55 / 12 = $4.30 (Combined Loan Amount) (Targeted Loan Level) = (Difference) / (Number of Customers) = (Annual rate Increase / (Months in Year) = Monthly Rate Increase OEPA 20 Year 0% Loan with Village Funds$140,684 $115,489 = $25,196 / 750 = $33.60 / 12 = $2.80 (Combined Loan Amount) (Targeted Loan Level) = (Difference) / (Number of Customers) = (Annual rate Increase / (Months in Year) = Monthly Rate Increase OPWC 30 Year 0% Loan with Village Funds$144,050 $115,489 = $28,562 / 750 = $38.10 / 12 = $3.18 (Combined Loan Amount) (Targeted Loan Level) = (Difference) / (Number of Customers) = (Annual rate Increase / (Months in Year) = Monthly Rate Increase OEPA 20 Year 0% Loan with Village Funds and 25% principle forgiveness$133,950 $115,489 = $18,461 / 750 = $24.61 / 12 = $2.05 (Combined Loan Amount) (Targeted Loan Level) = (Difference) / (Number of Customers) = (Annual rate Increase / (Months in Year) = Monthly Rate Increase OEPA 20 Year 0% Loan with Village Funds and 50% principle forgiveness$123,850 $115,489 = $8,361 / 750 = $11.14 / 12 = $0.93 (Combined Loan Amount) (Targeted Loan Level) = (Difference) / (Number of Customers) = (Annual rate Increase / (Months in Year) = Monthly Rate IncreaseOEPA 20 Year 0% Loan with Village Funds and 75% principle forgiveness

Questions? Water Fund Water Revenue 2008 - $279,920.30

Water Revenue 2008 - $279,920.302009 - $283,622.36

Water Revenue 2008 - $279,920.302009 - $283,622.362010 - $278,530.51

Water Revenue 2008 - $279,920.302009 - $283,622.362010 - $278,530.512011 - $278,000.00 (Estimated)Water Revenue Average Revenue for the past four Years

$279,768Water Expenses 2008 - $311,598.98Water Expenses 2008 - $311,598.982009 - $321,211.50

Water Expenses 2008 - $311,598.982009 - $321,211.502010 - $277,824.41Water Expenses 2008 - $311,598.982009 - $321,211.502010 - $277,824.412011 - $292,375.00 (Estimated)Water Expenses Average Expenses for the Past Four Years

$300,752

Water Fund Average Revenue Average Expenses $279,768.00 $300,752.00

Average Difference Per Year$20,984.00Average Over Spent Per Year7% Water Fund Average Revenue Average Expenses $279,768.00 $300,752.00

Average Difference Per Year$20,984.00Average Over Spent Per Year7% The fund will balance with no increase in rates as long as no capital projects are paid for from the fund.Loan DebtCurrent Loan Debt $42,179.44 Water Tower (pay off date July 2023)

Loan DebtCurrent Loan Debt $42,179.44 Water Tower (pay off date July 2023)$21,393.64 Well Field Project (pay off July 2016)

Loan DebtCurrent Loan Debt $42,179.44 Water Tower (pay off date July 2023)$21,393.64 Well Field Project (pay off July 2016)$20,000.00 Miami Ave. Project (pay off date July 2027)


Total Loan Debt in Water Fund = $83,573.08


Total Loan Debt in Water Fund = $83,573.08

We have no available money for additional loan debt unless water rates increase.

Water Projects Water Plant Improvement ProjectReplace Softener tanksReplace zelite in Softener tanksReplace Multimedia tanksUpgrade backwash system.Estimated Cost - $1,000,000Grants Proposed $500,000 (Apply for CDBG Sewer and Water)Loan Amount - $500,000 (will not get a % interest loan)Annual Loan Payment = Between $25,000 to $45,000

Rate Increases$25,000 / 750 = $33.33 / 12 = $2.78 (Loan Debt) / (number of customers) = (annual increase per customer) / (months in year) = (Increase per month)

Rate Increases$25,000 / 750 = $33.33 / 12 = $2.78 (Loan Debt) / (number of customers) = (annual increase per customer) / (months in year) = (Increase per month)$30,000 / 750 = $40.00 / 12 = $3.33 (Loan Debt) / (number of customers) = (annual increase per customer) / (months in year) = (Increase per month)

Rate Increases$25,000 / 750 = $33.33 / 12 = $2.78 (Loan Debt) / (number of customers) = (annual increase per customer) / (months in year) = (Increase per month)$30,000 / 750 = $40.00 / 12 = $3.33 (Loan Debt) / (number of customers) = (annual increase per customer) / (months in year) = (Increase per month)$35,000 / 750 = $46.67 / 12 = $3.89 (Loan Debt) / (number of customers) = (annual increase per customer) / (months in year) = (Increase per month)

Rate Increases$25,000 / 750 = $33.33 / 12 = $2.78 (Loan Debt) / (number of customers) = (annual increase per customer) / (months in year) = (Increase per month)$30,000 / 750 = $40.00 / 12 = $3.33 (Loan Debt) / (number of customers) = (annual increase per customer) / (months in year) = (Increase per month)$35,000 / 750 = $46.67 / 12 = $3.89 (Loan Debt) / (number of customers) = (annual increase per customer) / (months in year) = (Increase per month)$40,000 / 750 = $53.33 / 12 = $4.44 (Loan Debt) / (number of customers) = (annual increase per customer) / (months in year) = (Increase per month)

Rate Increases$25,000 / 750 = $33.33 / 12 = $2.78 (Loan Debt) / (number of customers) = (annual increase per customer) / (months in year) = (Increase per month)$30,000 / 750 = $40.00 / 12 = $3.33 (Loan Debt) / (number of customers) = (annual increase per customer) / (months in year) = (Increase per month)$35,000 / 750 = $46.67 / 12 = $3.89 (Loan Debt) / (number of customers) = (annual increase per customer) / (months in year) = (Increase per month)$40,000 / 750 = $53.33 / 12 = $4.44 (Loan Debt) / (number of customers) = (annual increase per customer) / (months in year) = (Increase per month)$45,000 / 750 = $60.00 / 12 = $5.00 Loan Debt) / (number of customers) = (annual increase per customer) / (months in year) = (Increase per month)Questions? Refuse Fund Refuse Revenue 2008 - $134,177.50

Refuse Revenue 2008 - $134,177.502009 - $136,756.22Refuse Revenue 2008 - $134,177.502009 - $136,756.222010 - $137,446.85Refuse Revenue 2008 - $134,177.502009 - $136,756.222010 - $137,446.852011 - $136,000.00 (Estimated)Refuse Revenue Average Revenue for the past four Years

$136,095.14Refuse Expenses 2008 - $140,783.94

Refuse Expenses 2008 - $140,783.942009 - $132,904.30

Refuse Expenses 2008 - $140,783.942009 - $132,904.302010 - $141,902.60

Refuse Expenses 2008 - $140,783.942009 - $132,904.302010 - $141,902.602011 - $145,000.00 (Estimated)Refuse Expenses Average Expenses for the Past Four Years

$140,147.71

Refuse Fund Average Revenue Average Expenses $136,095.14 $140,147.71

Average Difference Per Year$4,052.57Average Over Spent Per Year3% Fund can not continue without an increase in rates Increase to Balance FundTotal Revenue - $136,000 (Estimated 2011, based on $15x750x12)Rumpke Contract 2011 - $127,000Bradford Administration Annual Fees - $31,670 Increase to Balance FundTotal Revenue - $136,000 (Estimated 2011, based on $15x750x12)Rumpke Contract 2011 - $127,000Bradford Administration Annual Fees - $31,670Deficit Amount - $22,670 Increase to Balance FundTotal Revenue - $136,000 (Estimated 2011, based on $15x750x12)Rumpke Contract 2011 - $127,000Bradford Administration Annual Fees - $31,670Deficit Amount - $22,670$22,670 / 750 = $30.23 Annual Increase per Customer

Increase to Balance FundTotal Revenue - $136,000 (Estimated 2011, based on $15x750x12)Rumpke Contract 2011 - $127,000Bradford Administration Annual Fees - $31,670Deficit Amount - $22,670$22,670 / 750 = $30.23 Annual Increase per Customer

$30.23 / 12 = $2.52 Monthly Increase per CustomerRumpke Contract ProposalContinue Current Solid Waste Collection Program Option 1 (Increase rates each year of contract)Year 1Rumpke rates = $15.46/unitContract amount = $139,140Contract Increased = $12,140Month. Increase = $1.35

Rumpke Contract ProposalContinue Current Solid Waste Collection Program Option 1 (Increase rates each year of contract)Year 1Rumpke rates = $15.46/unitContract amount = $139,140Contract Increased = $12,140Month. Increase = $1.35Year 2Rumpke rates = $16.23/unitContract amount = $146,070Contract Increased = $6,930Month. Increase = $0.77

Rumpke Contract ProposalContinue Current Solid Waste Collection Program Option 1 (Increase rates each year of contract)Year 1Rumpke rates = $15.46/unitContract amount = $139,140Contract Increased = $12,140Month. Increase = $1.35Year 2Rumpke rates = $16.23/unitContract amount = $146,070Contract Increased = $6,930Month. Increase = $0.77Year 3Rumpke rates = $17.04/unitContract amount = $153,360Contract Increased = $7,290Month. Increase = $0.81

Rumpke Contract ProposalContinue Current Solid Waste Collection Program Option 1 (Increase rates each year of contract)Year 1Rumpke rates = $15.46/unitContract amount = $139,140Contract Increased = $12,140Month. Increase = $1.35Year 2Rumpke rates = $16.23/unitContract amount = $146,070Contract Increased = $6,930Month. Increase = $0.77Year 3Rumpke rates = $17.04/unitContract amount = $153,360Contract Increased = $7,290Month. Increase = $0.81

Option 2 (Increase one time during contract, based on last year of contract amount)Rumpke Rate = $17.04Contract amount = $153,360Contract Increased= $26,360Monthly Increase = $2.93Rumpke Contract ProposalSolid Waste and Curbside Recycling CollectionOption 1 (Increase rates each year of contract)Year 1Rumpke rates = $15.04 unitContract amount = $135,360Contract Increased = $8360Month. Increase = $0.93

Rumpke Contract ProposalSolid Waste and Curbside Recycling CollectionOption 1 (Increase rates each year of contract)Year 1Rumpke rates = $15.04 unitContract amount = $135,360Contract Increased = $8360Month. Increase = $0.93Year 2Rumpke rates = $15.79/unitContract amount = $142,110Contract Increased = $6,750Month. Increase = $0.75

Rumpke Contract ProposalSolid Waste and Curbside Recycling CollectionOption 1 (Increase rates each year of contract)Year 1Rumpke rates = $15.04 unitContract amount = $135,360Contract Increased = $8360Month. Increase = $0.93Year 2Rumpke rates = $15.79/unitContract amount = $142,110Contract Increased = $6,750Month. Increase = $0.75Year 3Rumpke rates = $16.57/unitContract amount = $149,130Contract Increased = $7,020Month. Increase = $0.78

Rumpke Contract ProposalSolid Waste and Curbside Recycling CollectionOption 1 (Increase rates each year of contract)Year 1Rumpke rates = $15.04 unitContract amount = $135,360Contract Increased = $8360Month. Increase = $0.93Year 2Rumpke rates = $15.79/unitContract amount = $142,110Contract Increased = $6,750Month. Increase = $0.75Year 3Rumpke rates = $16.57/unitContract amount = $149,130Contract Increased = $7,020Month. Increase = $0.78

Option 2 (Increase one time during contract, based on last year of contract amount)Rumpke Rate = $16.57Contract amount = $149,130Contract Increased= $22,130Monthly Increase = $2.46Questions?

wastewater fund

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east main street project

storm sewer project

total annual loan debt

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sanitary sewer total